Gold is still holding a trading zone while today Federal Reserve Chair Jerome Powell’s speech could shake things up.
As we see over the Intraday chart and as long as market holds below 3358, the chance for a drop to test the 3282 support is likely, which in turn could activate another advance wave.
Above 3358 more advance could hit the market with resistances at 3375 and 3390.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3310-15 | 3358 |
| LEVEL2 | 3282 | 3375 |
| LEVEL3 | 3255 | 3390 |
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